Read the full judgment text of HCCW 000409/2006 on BabelCite. This High Court CFI judgment was delivered on 22 December 2008.
1. I have before me a petition to wind up Kenlap P.G.C. Manufacturer Company Limited (“Kenlap”) presented by its parent company Ocean Grand Chemicals Holdings Limited (“OGCH”), then acting by its provisional liquidators, on the ground that Kenlap is insolvent. OGCH is the subject of a restructuring which has been implemented, and the winding-up petition regarding OCGH was dismissed on 30 September 2008. Kenlap does not form part of the restructuring arrangement.
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